- Autoliv Inc (NYSE:ALV) collaborates with snow sports and cycling protection provider POC to develop bicycle and e-bike helmets with airbag technology.
- The product from the partnership is expected to improve head protection and reduce the consequences of an impact.
- The airbag would act as the initial energy absorber while the underlying helmet would be the following energy absorber.
- It is estimated that the risk for a bicyclist to sustain moderate to fatal head injuries is reduced from 80% to 30% in a 20 km/h (12 mph) impact with the use of a helmet with airbag technology, according to Autoliv’s research team.
- Price Action: ALV shares closed higher by 0.41% at $76.03 on Friday.
NIO Q3 Adj. EPADS $(0.30) Misses $(0.16) Estimate, Sales $1.83B Beat $1.79B Estimate
NIO (NYSE:NIO) reported quarterly adjusted losses per ADS of $(0.30) per share which missed the analyst consensus estimate of $(0.16) by 87.5 percent. This is a 400 percent decrease over losses of $(0.06) per ADS from
